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20121205
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CNBC 13
CSPAN 4
MSNBCW 3
MSNBC 2
KGO (ABC) 1
WBAL (NBC) 1
WJLA (ABC) 1
WMAR (ABC) 1
WRC (NBC) 1
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English 29
Search Results 0 to 28 of about 29 (some duplicates have been removed)
MSNBC
Dec 10, 2012 3:00am PST
. brian, what do you have? >> reporter: still the fiscal cliff. good morning and happy monday, guys. it's kind of a weird day out there. a little foggy. erskine bowles, he of simpson-bowles was on "squawk box" this morning and put the number to it. he thought there was a 40% chance that a deal would get reached by the end of the year. a 30% chance that the deal would get done early next year and then the remainder, whatever that might be, would be never and he called that chaos. so really it's all about the fiscal cliff, guys. i wish i had something a little more light and fun for you on a monday morning. >> nothing like going through friday's numbers, down to 7.7%. a lot of chatter over the weekend that was only because people were getting out of the workforce in record numbers, et cetera, et cetera. what's your take? what's wall street's take on the numbers on friday? >> reporter: it's like this. it's like i reported on friday. it's better than expected. what we did in our "street signs" was why are the expectations so low? i went through the numbers, back to 2002, ten years ago. 57 m
CNBC
Dec 10, 2012 4:00am EST
if the economy goes over the fiscal cliff. now joining me on krn, jim cash. good morning and thanks for joining us. >> good morning. thank you. >> tell us a little bit about the results of this survey which indicate that companies have been reacting to the fiscal cliff by pulling back on spending or hiring. why haven't we seen that show up in the jobs report? is there a concern that we might see more of a pullback into next year? >> i think that's exactly what this survey is saying. about 50% have already taken some action. i think companies right now are waiting to see what's going to happen and it really comes down to two major issues. if we can get this fiscal cliff issue resolved, then we are looking at a pretty optimismic outlook from our members. but if we don't get the fiscal cliff, almost 60% said they'll be looking at cutting jobs and/or layoffs. >> cfos are notoriously less sang win than ceos. it's not particularly surprising that this group is expressing some contingency plans. but on average, they expect the u.s. to add of a million jobs next year. so kind of a divide here between t
CNBC
Dec 11, 2012 6:00am EST
if they are doing their part to rise above partisan politics and reach a deal on the fiscal cliff. good morning again, everybody. i'm becky quick. here is what we know right now. the pace of private talks picking up speed as we now have just 20 days left. however, neither the white house nor house speaker boehner's office are giving any public indication that either side is yet prepared to give up real ground. on a road trip yesterday, president obama indicated that he is willing to compromise, just not on that point about an increase in tax for relthy americans. meantime, speaker boehner says he is still waiting on specific spending cuts. joining us now for analysis, tony fratto, of hamilton place strategies and former white house press secretary and gerald bernstein former economic adviser to vice president joe biden. gentlemen, thank you for being here with us and getting this special day of coverage kicked off for us. >> rising early and rising above. >> exactly. let's talk about this. jared, it seems like things have gotten quieter. do you think that's the case? is that a good sign? >> i t
CNBC
Dec 5, 2012 9:00am EST
the fiscal cliff. one more look at futures this morning on a wednesday. look like open 28. "squawk on the street" is back in a minute. >> there's a look at citi. the news on the bank this morning cutting 11,000 jobs. still working on a percentage of what that is on the overall workforce. they think it will be a pretax charge of about a billion dollars. savings of 900 million in 2013. rising to about 1.1 billion in 2014. we'll keep an eye on that name. >> very big. >> yeah. shares of pandora taking a hit in premarket trade. online music service beat expectations with third quarter results. ceo joe kennedy says pandora's advertisers are displaying caution about spending because of the fiscal cliff. he'll be on "squawk on the street" at 11:40 eastern time. and netflix paying for exclusive rights to stream disney movies. a lot of happenings moving stocks in a big way. with pandora, analysts give pandora a pass but they keep putting out bright spots in third quarter that did come in better than expected. mobile monthization. >> this is the first company that came out and blamed the fisc
MSNBC
Dec 7, 2012 2:00am PST
.s., the president is taking his fiscal cliff solutions directly to the people. >>> plus, a modern-day spy story ripped from the pages of a tom clancy novel. good morning, everyone. i'm lynn berry and we start with breaking news out of japan. a strong 7.3-magnitude earthquake has struck off the country's northeastern coast. that's the same region hit by last year's massive earthquake and tsunami. well, this morning's quake shook buildings as far as tokyo, and there are reports of a three-foot tsunami in the miyagi prefecture. the u.s. geological survey says there's no risk of a widespread tsunami, and so far, there have been no news of injuries or damage. of course, we're going to keep an eye on any aftershocks that occur and we'll bring you the very latest. >>> well, elsewhere, all eyes are on cairo this morning as turmoil has once again overtaken egypt's capital. this time, it's in response to a politically explosive power grab by the democracy's president, mohamed morsi. right now, soldiers are setting up barricades as morsi's opponents plan a million man march in cairo's tahrir square later
NBC
Dec 7, 2012 4:30am EST
impacts they face from the looming fiscal cliff. it's now just 25 days away. nbc's tracie potts joins us with those details from washington. >>> lynn, good morning. good morning, everyone. the president spent time with a family who answered a call from the white house. the question was what would you do if you had to pay another $2200 in taxes. that's what the white house says will be the average impact on middle class families if they don't work out avoiding this fiscal cliff. the president sat down with a couple, a teacher, a man who works at an auto dealership. they live with her family. the family says they're looking at a couple month's rent if they have to pay more taxes. the president reiterated he absolutely will not sign any deal that does not increase taxes on the wealthy in this country. he said the problem is solvable. >> for them to be burdened unnecessarily because democrats and republicans aren't coming together to solve this problem gives you a sense of the costs involved in very personal terms. >> reporter: now in another development here on capitol hill minority leader
CNBC
Dec 6, 2012 9:00am EST
. important thing moving on about the fiscal cliff. the biggest story passed around here this morning was the politico article where they finally put a name on making a deal. the 37% solution, just split the difference between 35.6% and 39.6% increasing taxes and call it the 37% solution. that's the article everybody's been passing around today. on apple, just a quick note on apple here, there was as many notes out as there were analysts on apple. the main point on it is that most agree is that concern on iphone sales are the number one problem. att made a comment yesterday, that basically sales were the same as last year than the first sales of the --. a lot of t back to you guys. >> actually, i would be encouraged if i were an apple shareholder that the stock actually opened down today. if there's any hope. italian bonds getting hit today too. of course worth keeping track of. okay, let's shift the bonds into dollars. >> we're going to stick with that european theme and when bob pisani says central banks and activism in the same sen tes, i still have good bumps, they're not good goo
CNBC
Dec 12, 2012 6:00am EST
here. we appreciate it very much. we've been talking all morning about the fiscal cliff and investing. i want to asking, the last time you were on the show, you were out promoting governor romney for president. you said, frankly, that if he didn't win, it might change things, might change the world of investing. president obama won. your guy lost. >> yeah. >> has it changed how you're seeing the world? >> we're so long term focused, the stuff we fund is 7-10 years to see if it will work as a business. it doesn't change anything we do at the moment. i think it changes the political situation a lot and the budget situation a lot. >> in the venture world, does this issue matter? we talk about it all the time for big businesses that employ a lot of people, it matters. in your world does it matter? >> matters less at the moment but a lot in the long run. questions we always worry about in the valley these days, what's the level of regulation? what are the industries we can regulate and industries we can fund innovators to cause disruptive change. the thing i'm worried about right now is pr
CNBC
Dec 10, 2012 6:00am EST
all the time. >> industrials to the fiscal cliff. >> exactly. a quick break now. the morning's top stories when we return. that's what we'll have. >> plus the man of the hour, erskine bowles. find out whether he thinks washington can avert economic disaster. the courage to rise above when skwaux box returns. try running four. fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the fight. and we're winning. at chevron nigeria, we haven't had a reported case in 12 years. aids is strong. aids is strong. but we are stronger. and aids... ♪ aids is going to lose. aids is going to lose. ♪ made a retirement plan, they considered all her assets, even those held elsewhere, giving her the confidence to purs
CNBC
Dec 7, 2012 9:00am EST
on the fiscal cliff. a gloomy commentary this morning. expectations are getting narrow. grand bargains are out and the idea of maybe the fallback position is pass a simple tax bill like the one the senate had. the simple bill here. you have tax cuts for middle class but not for people over 250,000. you have dividends and capital gains going to 23.8%. that's the senate bill. and that's it. you leave out estate tax and leave out payroll tax cut and unemployment extension and you leave that out. no delay in the sequestration. this is pretty thin gruel. this is what's tossed about and talked about today overall. is that enough to satisfy the markets? remember, the two requirements, got to be before the end of the year and got to be substantive. before the end of the year but that doesn't sound substantive to me. i think there will be disappointments if that's all we get. did you see china? remember the bidder complaints two weeks ago. no efforts from chinese leadership to talk about the economy next year. now it's happening. we have another big move up in chinese mainland stocks today. up over 1%.
CSPAN
Dec 10, 2012 7:00am EST
: let me give you some other headlines as we continue this discussion this morning about the fiscal cliff. this is from "the washington post." "egyptian opposition confused over next step." host: also from "of the washington times" this morning -- "hillary clinton will testify on the hill." "and no date has been announced for her testimony, either in open or closed session. the state department has put forth and accountability review board and that is investigating the attacks. host: burke, new orleans. what are you willing to sacrifice? caller code good morning. i think that we are spending way too much on this drug war. it is costing the nation way too much at the end of the day and we need to reevaluate ourselves on it. i am for reducing revenue. we should adopt a poll tax in this nation or a transaction tax on security. i do not know. the lancelot. host: all right. -- thanks a lot. host: all right. this headline, "the u.s. knew for years about the benghazi extremism." front page of "the new york times" has this story, "mortgage crisis brings a new reckoning to banks. in the wors
CNBC
Dec 11, 2012 4:00am EST
's start with the fiscal cliff. we were just talking to becky about it. what's the best way for you to gauge where market is expecting a compromise here? >> good morning, kelly and ross. thanks for having me. you know what? one of the main things that the trading community has been looking at is a defense contractor. these guys are ground zero for any fiscal cliff stress. yesterday when the president got on and the future started selling off, we were watching the defense contractors. they weren't sliding whatsoever. so we were telling our clients, this is a near term blip in the market. unfortunately we are surrounding by headline trading. but a lot of the underlying current right now seem to be saying that the deal is saturdaying to come together. and i think becky hit it right on the head in the prior segment saying we're not seeing these guys in front of the cameras. they're in the rooms talking, which is important. so we keep telling clients, watch these defense contractors. it has utx, it has boeing, it has lockheed martin. these guys will be the most impacted by sequestration
CNBC
Dec 10, 2012 9:00am EST
and getting that. >> it's a statement. >> let's talk about the fiscal cliff. also on the radar this morning, after president obama and house speaker john boehner both were tight-lipped how the negotiations went. the co-founder of the fix the debt campaign, he was asked about the chances of striking a deal to avoid the cliff. >> it's probably more like a 40% chance we'll actually get it done before the end of the year. probably 25% chance we'll get it done right after the end of the year. and then there's that horrible 35% chance that we'll still go over the cliff and have pure chaos. but i think the chances of getting it done now are better. i think that's what's key. >> be sure to tune in tomorrow for the fiscal cliff coverage live from washington. mission critical, rise above d.c., all day long. becky quick, jim cramer, maria bartiromo holding their feet to the fire about where they stand on the fiscal cliff and how they'll do their part to rise above partisan politics and reach a deal. now, there are some bowles comments. 40%, yeah, but the odds are much better. they're still 35% chance
CNBC
Dec 5, 2012 4:00am EST
before investing. >>> good morning. today's top story, a washington standoff continuing. fiscal cliff negotiations appear to be going nowhere. today president obama will meet with members of the business round table. plus, on the economic calendar, the november adp report on employment is due at 8:15 eastern. u.s. equity futures at this hour are indicated higher. not much happened yesterday. it's wednesday, december 5th, 2012, and "squawk box" begins right now.
CNBC
Dec 11, 2012 9:00am EST
. strangelove. i'm thinking, after listening this morning, how i learned to stop worrying and love the fiscal cliff. is that where we are right now? >> you know, jim, this shouldn't be that hard. the idea that we've got to get a $4 trillio over ten years, with a mix of revenue increases, spending cuts. you know, when you look at the size of our economy, when you're looking at what's asked of people all across europe, uk, all in emerging nations, this is so small on a relative basis, that it's almost unamerican we're not going to be able to step up and get it done. you know, i'm optimistic that we're going to be able to avoid the fiscal cliff. we're not going to go over that, we're not going to see sequester, the challenge is going to be, is the deal going to be big enough, comprehensive enough that we take that minimum of $4 trillion off this $16 trillion debt over the next ten years. >> we're going to intervene, no matter what, in the trends of american business, meaning as soon as this one is over, we'll have a debt ceiling. because we can't get investment going in this country. that's why
CNBC
Dec 6, 2012 6:00am EST
economic committee will be holding a hearing on the fiscal cliff and protecting the middle class and what can we expect out of the hearing. kevin hasset will be testifying today. director of economic studies. he also served as economic adviser to former presidential candidate mitt romney. kevin, what's your feeling now? i saw one of my colleagues tweeted a -- i don't get the "washington post," but dana milbank said republicans are raising a white flag as big as a bed sheet. is that how you see it? >> it is interesting if you look at the negotiations that president obama offered this massive tax increase with no concessions and this sort of outrageous request on the debt limit which was a really aggressive first offer. and then the republican s countered with a moderate reasonable plan exactly modeled after a proposal by erskine bowles. so if you're trying to handicap the negotiations, you'd have to concede that dana is on to something. >> really. so -- >> at least like the starting point. so basically the starting point for the republicans is what president obama probably would have viewe
MSNBC
Dec 11, 2012 2:30am PST
the fiscal cliff. >>> also massive protests planned today in egypt and follow-up on the clashes between activists and the military as they call for a million man march. >>> but first let's get to the news here live at 30 rock in new york city. >>> this morning thousands of people are expected to converge on the michigan state capital in lansing as apartment of a troeshlg union battle that's about to unfold. at issue, the so called "right to work." legislation is being pushed through the republican lawmakers that could come to a final vote as early as today. the law would might illegal to require an employee to pay union dues as a condition of their employment. opponents say the legislation threatens to weaken the influence of labor unions in a state that is home to the auto industry and has a long history of organized labor. during a visit to detroit yesterday where he intendeded to focus on the fiscal clivgs president obama waded head first into the union battle. >> what we shouldn't be doing is trying to take away your right to bargain for better wages. we shouldn't be doing that. you
CSPAN
Dec 10, 2012 8:00pm EST
in the fiscal cliff. after that, a panel on innovation and the economy. later a conversation about have the fiscal deadline could affect the defense budget. >> on tomorrow morning's "washington journal," we continue our look at the so- called fiscal clef and what happens if the budget cuts take place in january. jim doyle the effect on businesses. after that, charles clark looks at domestic program cuts. in more about the issue with the brookings institution. bless your e-mail, phone calls, and tweets. that is live tuesday at 7:00 a.m. eastern on c-span. >> next, president obama talking about the economy and the need to reach an agreement with congress on the january fiscal deadline. he spoke at a diesel plant outside of detroit. his remarks are about 25 minutes. >> hello, redford! [applause] it is good to be back in michigan. [applause] how is everybody doing today? [applause] now, let me just start off by saying we have something in common -- both our teams lost yesterday. [laughter] i mean, i would like to come here and talk a little smack about the bears, but we didn't quite get it
ABC
Dec 9, 2012 9:00am EST
's own matthew dowd . >>> hello, again, just over three weeks away from that fiscal cliff, we gave off a week of press conferences, symbolic votes in senate, less than an hour of serious negotiating. what will it take to break the stalemate? we'll get into that this morning. with two big roundtables of elected officials. the lawmakers. senator tom coburn for the republicans and deb jie stabenow for the democrats. and congressman hen sarlg. he said that for there to be a big deal, tax rates on the wealthy are going to have to go up. >> again, as the speaker has said, unfortunately what we see out of the president my highway or the high wway. one dollar revenue for 2.5 of spending reductions. now, after the election, it's a little bit of bait and switch. now he's asking for $1.6 trillion. for every one dollar of tax increase there's about 20 cents of spending reduction. >> i'm talking about the rates. if the rates go up, can the republicans accept that? >> no rep wants to vote for a rate tax increase. what that's going to do, is cause 700,000 americans to go from having paychecks to unem
CSPAN
Dec 7, 2012 10:30pm EST
of negotiations on the so-called fiscal cliff. disagreements on taxing the wealthy remains one of the sticking points between the two sides. this is about five minutes. >> good morning, everyone. this is not a progress report because there is no progress to report. when it comes to the fiscal cliff that is threatening our economy and threatening jobs, the white house has wasted another week. eight days ago, secretary geithner kaine your to offer a plan that had twice the tax hikes that the president campaigned on. it had more stimulus spending than it had in cuts, and it had an indefinite and infinite increase in the debt limit, like forever. four days ago, we offered a serious proposal based on testimony of president clinton's former chief of staff. since then, there has been no counteroffer from the white house. instead, reports indicate that the president has adopted a deliberate strategy to push our economy right to the edge of the fiscal cliff. instead of reforming the tax code and cutting spending, the president wants to raise tax rates. even if the president got the tax rate hike he wan
FOX News
Dec 10, 2012 6:00am PST
. another republican apparently willing to agree with tax hikes to get a deal on the fiscal cliff. that is the case now. what do republicans get in return? senator lindsey graham is live on that. martha: looks like a beautiful morning everywhere, doesn't it. new reaction as details are now emerging in yet another nfl football tragedy. this time a crash that killed a dallas cowboy player and left another player charged with manslaughter this morning. >> i think everyone in our organization who knew him is completely numb and has been numb the last couple days. football is a game of emotion. a lot of different emotions circulating. somehow how some way, we have to process it all and understand that life is different than football and we had a job to do today gressiv, and they're them. yes. but they're here. yes. are you...? there? yes. no. are you them? i'm me. but those rates are for... them. so them are here. yes! you want to run through it again? no, i'm good. you got it? yes. rates for us and them -- now that's progressive. call or click today. music: "make someone happy"
CSPAN
Dec 12, 2012 5:00pm EST
of a fiscal cliff. we did not arrive there by not paying enough taxes. the federal government spends insane amounts of money and even by reducing us all to serfs, the taxes will not cover the spending. well said. here's jerry from lamar. she said, please stop spending our money. walk away from the table if they're not willing to stop wasting our hard-earned money. reform the entitlements and lower the taxes. nothing else in my opinion is acceptable. do not go back to the clinton era. that administration led use in a recession and do not raise the inheritance tax. and then listen to this, she said, i am from a family of farmers. that will kill our family and many others and make it impossible to keep farms that have been in our family for generations. that is the most unfair tax there is. this country will not survive more blows to small business and the middle class. stop the insanity and stop it soon. and finally from patrigsa in jefferson city, she said, i want to voice my opinion on what's happening in washington right now. politicians have put us in this mess with excessive spending. i
CNBC
Dec 7, 2012 4:00am EST
growth. the fiscal cliff still looming. new survey finds more than half of leading investment professionals expect a deal, though, before year end. but it's their opinions on what happens if a compromise isn't reached that is troubling. and sec warning to netflix raising questions about how
Search Results 0 to 28 of about 29 (some duplicates have been removed)